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this is the company, liz, unlike delta airlines and verizon wireless, they are saying that hurricane sandy is not going to hurt their numbers. very good news is they raise their forecasts. they have a lot of promotional measures as well to bring in customers. liz: far be it for me to question him. both have had naugatuck pillories anytime a normally those glass shelves that they have a normally full. >> yes, this is true. liz: i'm not sure why he i'm not sure why you think this won't hurt them in some way shape or form. >> mind wouldn't even open comes to your ahead of me. liz: knuckle, thank you very much. there are worse problems come we know that. but we are giving you a anecdotal anecdotal evidence of each stock we talk about. but there is hard facts that we are talking about. how many people will be saying that i have to get a generator next time. but here is an issue that many of us have seen developed. what good are gasoline powered generators if you run out of gasoline? 3.6 million homes along the eastern seaboard. many gasoline stations are still without power following the
this is the company, liz, unlike delta airlines and verizon wireless, they are saying that hurricane sandy is not going to hurt their numbers. very good news is they raise their forecasts. they have a lot of promotional measures as well to bring in customers. liz: far be it for me to question him. both have had naugatuck pillories anytime a normally those glass shelves that they have a normally full. >> yes, this is true. liz: i'm not sure why he i'm not sure why you think this won't hurt...
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Oct 30, 2012
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still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. melissa: fled and deaths and destruction across the northeast. let's go to tom corbett who joins us with an update on the situation in his home state. thank you for joining us. can you give us an update how things are in your state? >> the eastern part of the station we're starting the recovery process, but the western part of this date, the storm still located there and working its way north and will go into new york so we are still watching some win, not nearly as bad as yesterday and the amount of rainfall particularly when it lands in new york because the susquehanna river through the harrisburg area, that is a water river basin that will bring down a lot of water so we will watch that closely. we think we are ok but you never know. ashley: you have a lot of shelters up and running including shelters that are providing help to residents of new jersey? >> that is right. new jersey make shelters available, two state system universities available, may not be needed to be used. chris
still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. melissa: fled and deaths and destruction across the northeast. let's go to tom corbett who joins us with an update on the situation in his home state. thank you for joining us. can you give us an update how things are in your state? >> the eastern part of the station we're starting the recovery process, but the western part of this date, the storm still located there and working its way north and...
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two names already gotten facts on and that includes verizon when they talk about corporate earnings in the current quarter. fourth quarter operating results actually could be significant because of sandy's impact. so that is number one. the other one that we're following closely are the airlines. delta in particular, which canceled more than 3500 flights. of course they're trying to get back to normal out of new york's laguardia airport today, saying it could impact october profit by $20 million in revenue by $45 million. so this negative impact just not on the two names. you will hear from a lot of companies. back to you. lori: just getting started, nicole, thank you. melissa: better than expected jobs reported playing on the commodity markets. fox business's and commodities group, phil flynn in the cme. gold and oil sliding today. >> they are not only getting crushed but precious metals and not much talked about factory orders that put another wave to the downside in gold. the perception that the u.s. economy is better than europe that gets the dollar rallying. that gets gold tanking
two names already gotten facts on and that includes verizon when they talk about corporate earnings in the current quarter. fourth quarter operating results actually could be significant because of sandy's impact. so that is number one. the other one that we're following closely are the airlines. delta in particular, which canceled more than 3500 flights. of course they're trying to get back to normal out of new york's laguardia airport today, saying it could impact october profit by $20...
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verizon is setting up a tower. that is a situation right now. we have been watching total strangers come by on this street offering food and water to people who live here. that is the latest from the situation here. no need to tell you they are. that's the marathon will be run did they think it should be postponed for another week. connell: thank you very much, adam. dagen: by the way, i just re- tweeted a column about why the marathon should not be run. power outages, meantime, still causing major problems. unbelievable, almost undescribable problems for drivers. take a look at this video. long lines at gas stations. not because of a lack of supply, but because many gas stations are still without power. connell: there is no baffling to give them. liz mcdonald is live with us on the telephone right now. what are you seeing there? >> good to be with you. we are 60 miles outside of new york city at a gas station. patients seems to be almost running on empty. 70% of the gas stations remain closed in new jersey. we are seeing state troopers along th
verizon is setting up a tower. that is a situation right now. we have been watching total strangers come by on this street offering food and water to people who live here. that is the latest from the situation here. no need to tell you they are. that's the marathon will be run did they think it should be postponed for another week. connell: thank you very much, adam. dagen: by the way, i just re- tweeted a column about why the marathon should not be run. power outages, meantime, still causing...
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Oct 31, 2012
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still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. dennis: hurricane sandy by the numbers. close to 20,000 flights canceled this week. 2900 today alone. washington's reagan national, new york's jfk and newark airports open again taking limited flights. sandy cutting power to 2.8 million utility customers, 2.6 million new jersey businesses and homeowners without power. 2.1 million still in new york, and outages spreading to illinois, kentucky, and tennessee. the super storm could cause $20 billion in property dj and $10 billion to $30 billion in lost business. cheryl: stocks every 15 minutes. we have you covered throughout the markets. nicole on the floor, robert at the nasdaq, and sandra smith in the cme in chicago. nicole, you first. >> underway, trading for the first time after being shut down for two days. traders showed up in droves. certainly, you see them all here. seems like 90% of the traders here today. we have seen some accelerated selling in the last 15 minutes or so. when you look at the dow, the nays deployed, s&p, down a
still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. dennis: hurricane sandy by the numbers. close to 20,000 flights canceled this week. 2900 today alone. washington's reagan national, new york's jfk and newark airports open again taking limited flights. sandy cutting power to 2.8 million utility customers, 2.6 million new jersey businesses and homeowners without power. 2.1 million still in new york, and outages spreading to illinois, kentucky, and...
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still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. this is our year. i thought it was last year... turns out i was wrong. none of us would walk in here and settle. that's how we are! i forgot what i was going to say. patrick, i want 100% commitment! because i care man, ok? who are we!? 49ers! 49ers! 49ers! yeah! [ all cheering ] what the heck is going on in here? sorry coach, i just got a little carried away. alright, i think we're good. [ morgan ] for a chance to be in a locker room on game day and more... join visa nfl fan offers and make your season epic. ♪ lou: new york city, the country's largest city in assessing the massive damage from hurricane sandy. we will be joined by former new york governor george pataki to get his perspective on what will be required to get this city, the state, this region back in order and to recover from all the devastation. that is coming right up. and good news o report. home prices up. about a 2% gain in prices year-over-year is the biggest jump in two yers, and good news, setting the stage for
still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. this is our year. i thought it was last year... turns out i was wrong. none of us would walk in here and settle. that's how we are! i forgot what i was going to say. patrick, i want 100% commitment! because i care man, ok? who are we!? 49ers! 49ers! 49ers! yeah! [ all cheering ] what the heck is going on in here? sorry coach, i just got a little carried away. alright, i think we're good. [ morgan ] for...
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Oct 30, 2012
10/12
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still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. >> at 25 minutes past the hour, i am updating you on super storm sandy, leaving people without power. the death toll is 18. travel is at a standstill as most major tunnels and bridges to and from the city remained closed. new york and new jersey officials said water damaged trains and buses could keep most of the system shut down for days. as a whole, more than 15,000 flights have been canceled due to the store. also here in new york, authorities are trying to figure out how to secure a construction crane that is dangling atop a high-rise. thousands were ordered to evacuate nearby buildings after the limbs of sandy snapback. dagen: we will talk more about travel. it looks like for five days to get the subway system up and running. more than 15,000 around the country because of hurricane sandy. with the future holds for the airlines and air travel, is there anything that these airlines can do. again, all the airports here in new yo
still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. >> at 25 minutes past the hour, i am updating you on super storm sandy, leaving people without power. the death toll is 18. travel is at a standstill as most major tunnels and bridges to and from the city remained closed. new york and new jersey officials said water damaged trains and buses could keep most of the system shut down for days. as a whole, more than 15,000 flights have been canceled...
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still sticking with verizon. verizon. more 4g lte covera than all other networks combined. de and ♪ ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help y go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ liz: good afternoon everybody. i'm liz claman. it is the last hour of trading. how are we all holding up? okay? we've got anotr
still sticking with verizon. verizon. more 4g lte covera than all other networks combined. de and ♪ ♪ you can help others along the way. ♪ ♪ a portion of every bottle that they sell goes to fight ♪ ♪ breast cancer and i think that's swell. ♪ ♪ the more you take, the more they'll pay, ♪ ♪ so make them write a big check today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help y go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can...
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Nov 1, 2012
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i got three bars on the iphone and four bars on the verizon air card and a guy selling hot coffee. maybe they were walking dead post apocalyptic world of scant resources that was lower manhatt manhattan. the surprise came from the chinese purchasing manager's number. a string of disappointing figures from the totally more abundant economy. but we didn't get it. you got your first chinese guide up, not guide down. the best of the year. this was just joyous. no one was looking for this. suddenly i didn't care. here was a number that didn't fit into the near universally pieces. the ceo of choice global came on our show last month brandishing data showing that chinese electric output bottomed and is coming up. it is coming roaring back. that's why you saw the gains you did today. the biggest industrial is cummins, the engine maker. they rallied $5.17 today, that's up a dozen points. how about nike? bemoaned performance in china, up $3.95 today. copper company looked like it had been sliding back purchased during the darker days suddenly launched a $1.62. how about eden? that company lo
i got three bars on the iphone and four bars on the verizon air card and a guy selling hot coffee. maybe they were walking dead post apocalyptic world of scant resources that was lower manhatt manhattan. the surprise came from the chinese purchasing manager's number. a string of disappointing figures from the totally more abundant economy. but we didn't get it. you got your first chinese guide up, not guide down. the best of the year. this was just joyous. no one was looking for this. suddenly...
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Oct 29, 2012
10/12
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how about these, panera, honeywell, ppg, verizon, yahoo, comcast, the parent company of this network. these companies beat and raised and could all be down because of a market-wide selloff. tlef remarkably gootd charts that could bounce when the selloff smoke clears. the market goes down even when it's closed. but we also have a plan. use it. we can profit from the market's malaise. we've just had to find the winners more than we had to at the market's bottom three short years ago. stick with cramer. >> stick connected with cramer on madmoney.cnbc.com. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >> i want to congratulate the new york stock exchange and nasdaq and doing the right thing and not trying to one-up each other competition thing. boy, i hope those days are in the past. what have we le
how about these, panera, honeywell, ppg, verizon, yahoo, comcast, the parent company of this network. these companies beat and raised and could all be down because of a market-wide selloff. tlef remarkably gootd charts that could bounce when the selloff smoke clears. the market goes down even when it's closed. but we also have a plan. use it. we can profit from the market's malaise. we've just had to find the winners more than we had to at the market's bottom three short years ago. stick with...
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the new york stock exchange has done an excellent job, but verizon has a lot of issues, so you want to have work arounds. we want to be able to have different venues, so you have to have an emergency site so you have the ability to transact and execute. on the market in general, we're seeing a rally. is it due to the data that's come in from places around the globe? >> i think with the storm that hit earlier in the week, people were bracing for the worst. so getting by yesterday with a lackluster day, that's what we were all hoping for is a pretty boring day and we saw the volumes, the last day of the month. i think that gave people the confidence to get back into the marketplace and that's what we're seeing today. so, the worst, not over. but people definitely trying to get back to work and make the best with what they have. >> it's good to talk to you, steve. and your colleagues and brothers and centers on the exchange. >>> the biggest power company in new jersey reporting its quarterly earnings today. the company also saying in a statement it had experienced in its words, unpreceden
the new york stock exchange has done an excellent job, but verizon has a lot of issues, so you want to have work arounds. we want to be able to have different venues, so you have to have an emergency site so you have the ability to transact and execute. on the market in general, we're seeing a rally. is it due to the data that's come in from places around the globe? >> i think with the storm that hit earlier in the week, people were bracing for the worst. so getting by yesterday with a...
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Oct 31, 2012
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look at one of the verizon buildings in lower manhattan. look at that water. high demand for backup power giving generator sales a boost. generac has shipped tens of thousands of generators. the bottom line today raised it a full year. first on cnbc interview with aaron jagdfeld, the ceo of generac. aaron, great to have you with us. >> thanks for having me, melissa. >> what was so stunning about the guidance raise in the quarter beat was that sandy wasn't included in the result. in terms of raising the forecast for the year, how much of that are sales you know you have in your back pocket because of sandy and how much is future sales you'll have in the coming days and weeks because people are scared this is going to happen again? >> there's really, you have to bay for the two issues. the first issue is obviously sandy occurred in the fourth quarter. that's going to have a material impact. as we said, we're significantly raising guidance for the fourth quarter. it will result in a rise for the year as well. that's really the portable generator demand. that's th
look at one of the verizon buildings in lower manhattan. look at that water. high demand for backup power giving generator sales a boost. generac has shipped tens of thousands of generators. the bottom line today raised it a full year. first on cnbc interview with aaron jagdfeld, the ceo of generac. aaron, great to have you with us. >> thanks for having me, melissa. >> what was so stunning about the guidance raise in the quarter beat was that sandy wasn't included in the result. in...
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nyse and nasdaq have to make sure they get data in and out, have to assess the damage, if any, to the verizon lines. they need about 200 people on the floor, and getting the people there depends on having the bridges and tunnels open so that's why the news from scott is very important. carpooling lists are brought together to bring the people in, a very intricate plan and one big an issue how big a staff the brokerage firms will be able to staff, the morgan stanleys, the merrill lynches of the world, having their own meetings separately to determine who they can bring in as well. a very interesting day, a lot of of pressure on them to open the markets. >> and sort of lost in the conversations are the knights and exchange traders. do we have any idea what the situation of those guys is? they are in jersey city where way hard hit. >> out in the middle of the country, of course. all indications is they are planning to open as normal as usual. nyse in particular, a lot of people they want to open the floor with nasdaq as well because they are in new york city, and there's a question of personnel,
nyse and nasdaq have to make sure they get data in and out, have to assess the damage, if any, to the verizon lines. they need about 200 people on the floor, and getting the people there depends on having the bridges and tunnels open so that's why the news from scott is very important. carpooling lists are brought together to bring the people in, a very intricate plan and one big an issue how big a staff the brokerage firms will be able to staff, the morgan stanleys, the merrill lynches of the...
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right now listen for more on verizon. "the street" crew will have that for you. we'll be back with you on monday. >>> as becky said, 171,000. that is the jobs number for october, well above estimates, carrying a lot of political fuel with election day just five days away. good morning. welcome to "squawk on the street." i'm carl caquintanilla with melissa lee and david faber. not just the 171,000 for the month but positive revisions we'll talk about in a moment. a busy day in europe as well as we start to talk more about the big events that will happen with the eurozone, both central banks and the greek government that starts next week. >>> our road map starts with the jobs number that beats even the highest expectation on the street. 171,000 is the number with another 84,000 in revisions higher for the past two months. unemployment ticks up to 7.9% as the participation rate rises. is the number really as good as it looks? >> the death toll from sandy now stands at 94 as more than 3 million homes still without power now facing colder weather, gas lines stretch fo
right now listen for more on verizon. "the street" crew will have that for you. we'll be back with you on monday. >>> as becky said, 171,000. that is the jobs number for october, well above estimates, carrying a lot of political fuel with election day just five days away. good morning. welcome to "squawk on the street." i'm carl caquintanilla with melissa lee and david faber. not just the 171,000 for the month but positive revisions we'll talk about in a moment. a...
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but verizon was working. so you could get high speed internet. >> that defeats the purpose, you go to the hotel and it has no power. what floor were you on? >> 14th floor. but the operators did operate. i did walk up and down a couple times, but -- they had backup power. >> don't trust the backup power. >> and we had a fire alarm at 1:00 a.m., 12:30. so a long evening. >> hearing the trees all around and you don't know when one is -- last time one hit my house. >> i know. >> you worry about all the people that are out there. >> you worry about where you park your car. first i had them huddled in front toying and i'm like why am i putting them right next to each other? so then i spread them out. >> anyway, it is a situation we are still waiting to see how much damage is out there waiting for first light this morning to get a better assessment of things. when we come back -- >> did you hear what the hair tweeted? joe kernen's hair? joe kernen's hair one, sandy zero. should i retweet that? i might retweet that.
but verizon was working. so you could get high speed internet. >> that defeats the purpose, you go to the hotel and it has no power. what floor were you on? >> 14th floor. but the operators did operate. i did walk up and down a couple times, but -- they had backup power. >> don't trust the backup power. >> and we had a fire alarm at 1:00 a.m., 12:30. so a long evening. >> hearing the trees all around and you don't know when one is -- last time one hit my house....